Answer: Option (B) is correct.
Explanation:
Public saving refers to the tax revenue amount that a government left with after paying for its expenditure or spending.
Public saving = Tax revenue - Spending
Private saving refers to the after tax income of the individuals after paying for their consumption and taxes.
Suppose there is a government budget deficit, in this situation government's expenditure is greater than government's receipts. This means that tax revenue is not enough to pay out its expenditure.
Therefore, this will lead to negative public savings.
Answer:
Revenue
Explanation:
In finance, revenue recognition principle can be associated to acrrual accounting, it stated that recognition of revenue should only take place when revenue is earned or received, it shouldn't be when there is received cash. It helps to know periods that revenue is needed to be recognized.
It should be noted that Consistent with revenue recognition principle, companies record revenue at the time goods are provided to customers.
Answer:
C
Explanation:
On the US exchanges, other world currencies are available for option contracts. The US currency is the base currency used for these options. So, the US dollar cannot be listed again for an options contracts, There cannot be an options contract of the US dollar against the US dollar
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Reoccurring problem because non of the other problems would make sense in this type of situation